Nvidia Stock Hasn't Been This Cheap in 7 Years. Is This the Ultimate Buying Opportunity?

Nvidia's stock has fallen to its cheapest valuation in 7 years with a P/E ratio of 30.09, well below its 7-year average of 71.2. Despite a 13-fold increase in value over three years, the company's rapidly accelerating earnings growth (91% expected for fiscal 2027) and upcoming Vera Rubin GPU platform launch suggest significant upside potential. With demand far exceeding supply for AI chips, Nvidia could see its stock more than double while still trading below historical averages.